Regulatory27 May 2026, 04:30 pm
Hem Holdings: Non-Applicability of SEBI (LODR) Regulation 23(9)
AI Summary
Hem Holdings & Trading Ltd has announced the non-applicability of Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the half year ended March 31, 2026. This is due to the company's paid-up equity share capital and net worth being less than ₹10 Crore and ₹25 Crore respectively, as per Regulation 15(2) of SEBI (LODR) Regulations, 2015, exempting them from compliance with certain corporate governance provisions.
Key Highlights
- Hem Holdings is exempt from Regulation 23(9) of SEBI (LODR) Regulations, 2015.
- Exemption is due to paid-up equity share capital and net worth being below the specified threshold.
- The company's financials as of March 31, 2026, qualify for the exemption under Regulation 15(2).
Price Impact
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